Netflix has already started raising the cost for new customers in the U.S. All subscribers will likely be notified at least 30 days in advance of their price hike. Netflix's 4K streaming plan, which provides higher-quality content, will cost $14 per month, a $2 increase. For subscribers who have the plan that allows for two screens to watch in HD at the same time, the price is going up from $9.99 to $10.99 each month. Netflix has raised the rates on two of their subscription plans, with the new rates going into effect for November. United Kingdom pricing has yet to be confirmed but we will update when we hear more on that front. "I don't think we see it yet".

Netflix (NFLX) stock hit a record high on Thursday after the internet television network revealed price hikes for two out of three of its US streaming plans. The company expects to spend almost $7 billion on content for its service next year, including movies, TV series and comedy specials.

The fare hikes go into effect for new US members today.

As for investors, it seems they are pleased to see the price adjustment (for now).

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